Richard Willis was a featured presenter during the session "International Emerging Payments Landscape and E-Commerce Facilitation: The Regulatory and Business Environments in Key Markets Abroad, Lessons Learned for the U.S. Market, and Strategies for Ensuring Compliance with Evolving Global Regulations" on September 28, from 11:45 a.m.-1:00p.m., at this conference sponsored by American Conference Institute (ACI). The following topics were covered during the session.
- Business Model Drivers for Emerging Payments Regulation
- Structure/Mechanics of Payment Transaction
- Bank-Driven Model
- Mobile Payment Service Provider (MPSP)-Driven Model
- Mobile Network Operator-Driven Model
- New and emerging payment systems being used around the world: the regulatory and business environments in key markets abroad, including the implementation of mobile-enabled payments in these markets: China – where is the market headed and the regulatory framework and emerging regulations from the People’s Bank of China; EU - EU’s E-Money Directive, Payment Services Directive, Data Protection Directive, Green Paper on Cards, Internet and Mobile Payments; Canada –Report of the Task Force for the Payment System Review and other payments developments; and Caribbean- Mobile Payments in Haiti
- How regulatory and business ecosystems facilitate/hamper development of mobile payment systems abroad
- Best practices for dealing with multinational jurisdictions
- Emerging global PSP/PF regulations
- International e-commerce facilitation
- Establishing enterprise-wide, multinational compliance programs - overcoming the hurdles associated with
developing and implementing compliance programs that are in accordance with varying county- or region-specific regulatory and enforcement paradigms - Lessons learned from the introduction of new payment systems into other countries- application of existing regulatory paradigms to these new payment systems and how the new regulations that have been enacted to address emerging payment systems are working
- Issues arising from international remittances
- Foreign exchanges and B2B
September 27-28, 2012
Washington Marriott / Washington, D.C.